Taiwan Acer's second-quarter profit up 54 percent

Aug 04, 2010
A man takes a picture at an Acer booth during the Computex fair in Taipei in 2009. Taiwan's Acer Inc, the world's second biggest PC vendor by revenue, said Wednesday its net profit in the three months to June surged 54 percent despite the eurozone debt crisis.

Taiwan's Acer Inc, the world's second biggest PC vendor by revenue, said Wednesday its net profit in the three months to June surged 54 percent despite the eurozone debt crisis.

Acer posted a of 3.59 billion Taiwan dollars (113.17 million US) in the second quarter, compared with 2.34 billion Taiwan dollars a year earlier.

, which did not give details of the results, will hold an investor conference later this month.

Analysts had expected the firm's sales in Europe, one of its major global markets, to be battered when the debt crisis swept the eurozone earlier this year.

In the first six months, the company's net profit rose 58 percent to 6.89 billion Taiwan dollars, up from 4.37 billion Taiwan dollars the previous year.

Earning per share in the first half were 2.6 Taiwan dollars while revenues stood at 312.35 billion Taiwan dollars, up 31 percent from a year ago.

Explore further: Starbucks: Computer outage disrupts sales in US, Canada

Related Stories

Taiwan's AU Optronics sees profit up 54.6 percent

Jul 28, 2010

Taiwan's AU Optronics Corp said Wednesday its net profit in the three months to June jumped 54.6 percent over the previous quarter, partly due to strong demand for high-priced items.

Taiwan's HTC says profit down 30 percent

Apr 06, 2009

Taiwan's smartphone maker HTC Corp posted a year-on-year 30 percent fall in first quarter net profit as the global economic meltdown hit sales, the company said Monday.

Taiwan Acer's 2009 profit down 3.54 percent

Feb 10, 2010

Taiwan's Acer Inc, the world's second biggest computer vendor by revenues, said Wednesday that its profit for 2009 edged down just 3.54 percent from a year ago despite the global economic meltdown.

Recommended for you

How smart are the mobile shoppers who use smartphones?

Apr 24, 2015

In the age of the smart phone, how smart are the mobile shoppers who use these almost ubiquitous devices? A study from South Korea published in the International Journal of Mobile Communications hopes to answer that questi ...

India's Infosys gives muted earnings, stock falls

Apr 24, 2015

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.